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Uncle Joe's Make Over Diary

The stock market has been rolling over, down roughly 8-10% since April.

All types of evidence is around saying that auction prices are dropping. Autoremarketing | Black Book Weighs Used-Price Aftermath of 900K Additional Units; CNW Gauges Used Sales

The observation remains valid.
May Manheim index = 125.1. Manheim - Consulting
ManheimUsedVehicleValueIndex-LineGraphJUNE.jpg
We'll see if it drops for Junes #'s.



Wholesale Update.

The wholesale Used / S&P 500 correlation is alive & well
NADA Used Car Guide: Wholesale Prices Increased By 3.2% | Dealer Communications

See 3/27/2012 Chart of the S&P 500 (Last bar on the right)
big.chart


Reference:
Manheim’s Used Vehicle Index | Velocity | DalePollak.com
http://forum.dealerrefresh.com/f39/facebook-ipo-2452-2.html#post21462

902d1329140699-facebook-ipo-manheim-used-vehicle-index.jpg

903d1329140716-facebook-ipo-sp500-1995-2012.jpg
 

✨ AI Highlights

Joe Pistell documents his website makeover project for Used Car King, aiming to double lead counts without increased ad spend by improving conversion rates and engagement metrics through user surveys, site redesigns, and new features like chat and wizard tools. The thread reveals his philosophy of optimizing for overall user satisfaction rather than fixating solely on conversion ratios, and showcases his collaborative development approach with custom builders at HomeNet. Key insight: sustainable lead growth requires understanding what shoppers actually want (discovered through direct feedback) and iteratively improving the user experience rather than simply driving more traffic.

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